MULLEN AUTOMOTIVE INC.
MULLEN AUTOMOTIVE INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MULN
ISIN:

MULLEN AUTOMOTIVE INC. - Daily - Technical analysis published on 09/10/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : WITHOUT TARGET

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.5333 USD
My targets
-
My analysis
MULLEN AUTOMOTIVE INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.5333 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hervorragend. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The MULLEN AUTOMOTIVE INC. price is 0.1521 USD. The price registered a decrease of -10.53% on the session and was between 0.1505 USD and 0.1721 USD. This implies that the price is at +1.06% from its lowest and at -11.62% from its highest.

0.1505
0.1721
0.1521

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MULLEN AUTOMOTIVE INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in Daily of this MULLEN AUTOMOTIVE INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 2

Type : Neutral

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.1521 2.5630 6.7284 14.3314
Change (%) - +1,585.08% +4,323.67% +9,322.35%
Change - +2.4109 +6.5763 +14.1793
Level - Minor Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.15070.15800.16400.17130.17730.18460.1906
Camarilla0.16630.16760.16880.17000.17120.17240.1737
Woodie0.15010.15770.16340.17100.17670.18430.1900
Fibonacci0.15800.16310.16620.17130.17640.17950.1846


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.09910.14300.16610.21000.23310.27700.3001
Camarilla0.17070.17680.18300.18910.19520.20140.2075
Woodie0.08860.13780.15560.20480.22260.27180.2896
Fibonacci0.14300.16860.18440.21000.23560.25140.2770


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-1.0883-0.4417-0.11330.53330.86171.50831.8367
Camarilla-0.05310.03630.12560.21500.30440.39380.4831
Woodie-1.2475-0.5213-0.27250.45380.70251.42881.6775
Fibonacci-0.4417-0.06920.16090.53330.90581.13591.5083

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 20.30
MACD (12,26,9): -0.2465
Directional Movement: -15.5659
AROON (14): -64.2857
DEMA (21): 0.0135
Parabolic SAR (0,02-0,02-0,2): 0.4695
Elder Ray (13): -0.1000
Super Trend (3,10): 0.4041
Zig ZAG (10): 0.1700
VORTEX (21): 0.6982
Stochastique (14,3,5): 1.82
TEMA (21): 0.1444
Williams %R (14): -98.85
Chande Momentum Oscillator (20): -0.0835
Repulse (5,40,3): -33.0000
ROCnROLL: 2
TRIX (15,9): -5.0453
Courbe Coppock: 73.14
MA7: 0.2084
MA20: 0.2896
MA50: 1.0539
MA100: 2.5146
MAexp7: 0.2142
MAexp20: 0.3829
MAexp50: 1.1129
MAexp100: 3.1222
Price / MA7: -27.02%
Price / MA20: -47.48%
Price / MA50: -85.57%
Price / MA100: -93.95%
Price / MAexp7: -28.99%
Price / MAexp20: -60.28%
Price / MAexp50: -86.33%
Price / MAexp100: -95.13%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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